ANSA bids for Bank of Baroda’s Trinidad and Tobago operations

 

• ANSA McAL, Trinidad and Tobago’s largest conglomerate by assets and profits, has put in a bid to acquire the T&T operations of the Bank of Baroda, which is owned by the government of India.

 

• Financial sector sources told the Sunday Express the Bank of Baroda, which operates commercially in T&T, had invited technical and financial offers for its T&T operations.

 

• ANSA McAL already provides financial services through ANSA Merchant Bank, which is publicly listed, and TATIL, the general and Life Insurance Company.

 

(Source: Stabroek News)